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Q 1/20
Score 0
All of the following are true regarding international trade except
30
Countries experience a grade deficit when imports are greater than exports
Exports are considered a debit in the country's balance of trade
Net exports will increase when that county's currency depreciates
the balance of payment is a summary of a country's transactions with other countries
Q 2/20
Score 0
Which of the following would definitely move a country toward a current account deficit?
30
A larger capital account deficit
An increase in exports
An increase in capital outflow
An increase in imports
20 questions
Q.
All of the following are true regarding international trade except
1
30 sec
Q.
Which of the following would definitely move a country toward a current account deficit?
2
30 sec
Q.
Which of the following is the best example of foreign direct investment?
3
30 sec
Q.
The value of a country's currency relative to another county's currency is called
4
30 sec
Q.
If there is a large increase in the number of Europeans traveling to the United States while US citizens' travel to Europe remains unchanged, which of the following is true.
5
30 sec
Q.
Assume the inflation rate in Mexico is significantly higher than its trading partners. Which of the following will occur to the demand, supply, and international value of the Mexican Peso?
6
30 sec
Q.
Assume the real interest rate in country X increases relative to other countries. What will happen to the value of the currency and net exports in country X?
7
30 sec
Q.
All of the following are counted in a nation's current account except
8
30 sec
Q.
Which of the following would decrease the U.S. financial account?
9
30 sec
Q.
Which of the following are included in a nation's balance of payments accounts?
10
30 sec
Q.
Which of the following is true regarding international trade
11
30 sec
Q.
An increase in Korea’s demand for U.S. goods would cause the US dollar to
12
30 sec
Q.
If the demand for the British Pound increases relative to the U.S. dollar, then the
13
30 sec
Q.
Suppose incomes fall in the United States, but not in Japan. Which of the following will occur?
14
30 sec
Q.
Suppose price level increases more in the United States than it does in Indonesia. What is the short-run impact on U.S. net exports, the value of the U.S. dollar, and the value of the Indonesian rupee?
15
30 sec
Q.
Suppose interest rates fall in the United States, but they don't fall in Mexico. What is the short-run impact on the value of the U.S. dollar (USD) and the value of the Mexican Peso (Peso)?
16
30 sec
Q.
An increase in a country’s interest rate relative to other country’s interest rate will most likely cause which of the following?
17
30 sec
Q.
Assume that the supply of loanable funds increases in Canada. The international value of Canada’s currency and Canada’s exports will most likely change in which of the following ways
18
30 sec
Q.
Which of the following is an example of direct foreign investment?
19
30 sec
Q.
An increase in net exports for country X will most likely be caused by which of the following?
